Basic goods and services are being sold to BP at 20 times the regular price. April 17, 2011— -- The massive BP oil spill that devastated the Gulf Coast has turned out to be an economic boon for ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...

In this case, the government has the power to issue a directive compelling BP and Shell to take specific steps to remediate ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

When BP and Shell sold the South African Petroleum Refinery (Sapref) in 2024 to the Central Energy Fund, a government entity, for R1 (or six US cents), environmental advocates warned that Sapref had ...

BP has agreed to offload stakes in some of its onshore oil and gas pipelines in the US as it seeks to shore up its finances.

Rising consumption in emerging markets, sluggish energy efficiency gains, geopolitical tensions and the persisting use of petrochemicals all point to peak demand in 2030 at the earliest, the oil giant ...

BP's Q3 earnings beat estimates as higher oil production and stronger refining margins offset weaker hydrocarbon prices.